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2875 E Morrison Ranch Pkwy; Gilbert, AZ Property Details

2875 E Morrison Ranch Pkwy, Gilbert, AZ is a Single Family that was built in 2005. This property is currently Financed and is not for sale. Our records show that 2875 E Morrison Ranch Pkwy has 7 bedrooms, and 5 bathrooms, and a total of 4,281 square feet. The lot size of 2875 E Morrison Ranch Pkwy is 44,344 square feet.

Off market
2875 E Morrison Ranch Pkwy Gilbert, AZ 85296
$4,200,000 Listing Price
7 Beds
5 Baths
4,281 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $835,000
  • Open Loans / Balance: 1 / $775,013
  • Est. Equity / %: $1,051,987 / 57.58%
  • Gross Yield: 1.959%
  • APN: 304-20-237
  • Situs County: Maricopa
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 7
  • Bathrooms: 5
  • Full Bathrooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: B
  • Pool Type: Yes
  • Roof Cover Type: Concrete
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 4,281/SqFt
  • Lot: 44,344/SqFt
  • Gross: 4,425/SqFt
  • Living: 4,281/SqFt
  • Building: 4,281/SqFt
  • Ground: 4,281/SqFt
  • Price Per Square Foot: $195.05

Legal Description

  • Description: HIGLEY ESTATES MCR 658-15
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Gilbert Unified District
  • Lat / Lon: 33.346264 / -111.72845
  • Subdivision: Higley Estates
  • Property Class: Residential
  • Zoning: R-35
  • County Use Code: 0141

Amenities

  • Pool: true
  • Plus Four: 9466
  • Bathroom Fixtures: 16
  • Cooling: Refrigeration
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 6

HOA

  • H O A One: $399
  • H O A Amount: $399
  • H O A One Frequency: Quarterly
  • H O A One Name: Morrison Ranch Residential Association
  • H O A One Type: Home Owner Association

Ownership Info

2875 E Morrison Ranch Pkwy has no associated ownership info
2875 E Morrison Ranch Pkwy has no associated ownership info.

Taxes

2875 E Morrison Ranch Pkwy has 9 associated Taxes items

2875 E Morrison Ranch Pkwy, Gilbert, AZ pays taxes in Maricopa County, AZ. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $82,470. The APN we've located for 2875 E Morrison Ranch Pkwy is 304-20-237.

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Taxes
  • Assessed Value:  $82,470
  • Assessed Year:  2025
  • Assessed County:  Maricopa
  • APN:  304-20-237
  • Market Land Value:  274300
  • Tax Amount:  7524.58
  • Tax Year:  2025
  • Market Value:  1371600
  • Market Year:  2025

Tax History

2875 E Morrison Ranch Pkwy has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $82,470 Land Value Improvement Value Tax Amount $7,524.58 Change Rate +0.044048% Assessed CR Tax Rate +0.09124%
Year 2024 Assessed Value $78,543 Land Value Improvement Value Tax Amount $7,207.12 Change Rate -0.004214% Assessed CR Tax Rate +0.09176%
Year 2023 Assessed Value $121,150 Land Value $24,230 Improvement Value $96,920 Tax Amount $7,237.62 Change Rate +0.034537% Assessed CR Tax Rate +0.059741%
Year 2022 Assessed Value $95,700 Land Value $19,140 Improvement Value $76,560 Tax Amount $6,996 Change Rate -0.032496% Assessed CR Tax Rate +0.073103%
Year 2021 Assessed Value $93,430 Land Value $18,680 Improvement Value $74,750 Tax Amount $7,230.98 Change Rate +0.017107% Assessed CR Tax Rate +0.077395%
Year 2020 Assessed Value $91,010 Land Value $18,200 Improvement Value $72,810 Tax Amount $7,109.36 Change Rate +0.229951% Assessed CR Tax Rate +0.078116%
Year 2019 Assessed Value $72,280 Land Value $14,450 Improvement Value $57,830 Tax Amount $5,780.2 Change Rate +0.054246% Assessed CR Tax Rate +0.07997%
Year 2018 Assessed Value $67,120 Land Value $13,420 Improvement Value $53,700 Tax Amount $5,482.78 Change Rate +0.036395% Assessed CR Tax Rate +0.081686%
Year 2017 Assessed Value $63,750 Land Value $12,750 Improvement Value $51,000 Tax Amount $5,290.24 Change Rate -0.026871% Assessed CR Tax Rate +0.082984%
Year 2016 Assessed Value $63,350 Land Value $12,670 Improvement Value $50,680 Tax Amount $5,436.32 Change Rate +0.111117% Assessed CR Tax Rate +0.085814%
Year 2015 Assessed Value $62,860 Land Value $12,570 Improvement Value $50,290 Tax Amount $4,892.66 Change Rate -0.039687% Assessed CR Tax Rate +0.077834%
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5,094.86 Change Rate Assessed CR Tax Rate